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Apr 23, 2013
04/13
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all workers pay payroll taxes into a trust fund. all employers pay the same payroll tax into that trust fund and out of that trust fund comes all of the spending or part a services primarily hospital insurance spending. the age i trust funds has exceeded revenue since 2007 and what that means it is the balance of the trust fund and the assets of the trust fund have been declining and they will be totally completed sometime in the middle of the next decade. since the trust fund can't borrow if the laws are changed medicare will be unable to pay full payments for charges in the age i trust fund. it will only be able to reimburse providers 85% of what they are charging. so clearly legislative action has to be made before that he either to raise taxes or slow the growth in spending or preferably a little bit of both. i my reckoning i have completed my assignment and rather than take a gold star as i said i want to have a couple of general observations. the first when we have discussiodiscussio ends like this we should make clear what ou
all workers pay payroll taxes into a trust fund. all employers pay the same payroll tax into that trust fund and out of that trust fund comes all of the spending or part a services primarily hospital insurance spending. the age i trust funds has exceeded revenue since 2007 and what that means it is the balance of the trust fund and the assets of the trust fund have been declining and they will be totally completed sometime in the middle of the next decade. since the trust fund can't borrow if...
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Apr 22, 2013
04/13
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i would argue the tax code is probably not the place to do that the most effective way. host: let's go to york, pennsylvania, republican line. i had agood morning, relatively personal question for you. i see you are a keen observer of the oil industry considering the fact that fsil fuels are not all leave feeling our cars but giving a desolation to the environment, do you believe man will develop environmentally sound modes of transportation out of sheer will to be accountable as inhabitants of earth? host: i will give you the last comment. guest: that's a good question. there are multiple ways of thinking about this. some would argue that the government should support certain industries and drive that an ovation. others argue that should be a market-based mechanism whereby the most effective solution to some of these problems will be achieved when we are indeed in dire need of them and there is the financial and economic incentive to do so. i'm not sure where i come down on that. host: anthony costello, we appreciate you joining us today. guest: thank you for having me.
i would argue the tax code is probably not the place to do that the most effective way. host: let's go to york, pennsylvania, republican line. i had agood morning, relatively personal question for you. i see you are a keen observer of the oil industry considering the fact that fsil fuels are not all leave feeling our cars but giving a desolation to the environment, do you believe man will develop environmentally sound modes of transportation out of sheer will to be accountable as inhabitants of...
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Apr 18, 2013
04/13
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on tax reform tomorrow i would lower the income tax. we can compromise on the number. i would lower to 17% tomorrow. just do it. i don't care people predict less revenue. it would be an enormous boost to the economy and like under kennedy and under coolidge and under reagan when you reduce rates sometimes you get more revenue. the same thing with immigration. we make it harder on ourselves or that the commission, we make it harder when we have 1000 moving parts. it's why the public is upset with us. why don't we ever pass anything and why can't we get along? that will be the sweetener for the bigger deal that we never seem to get so why not break up these big deals into smaller deals? i try to pass the stem technology thesis expanding those. i tried to pacify unanimous consent and schumer came up and said no but how about passing mine by unanimous consent and i was actually quiet. they would have been shocked by that but they would have gotten something done. it would have been great fun to see we passed immigration reform by unanimous consent. >> i have to ask you abo
on tax reform tomorrow i would lower the income tax. we can compromise on the number. i would lower to 17% tomorrow. just do it. i don't care people predict less revenue. it would be an enormous boost to the economy and like under kennedy and under coolidge and under reagan when you reduce rates sometimes you get more revenue. the same thing with immigration. we make it harder on ourselves or that the commission, we make it harder when we have 1000 moving parts. it's why the public is upset...
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Apr 24, 2013
04/13
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people want to know how do they pay their taxes, how do they join the military? how do they start a business. they want to be fully functioning member of the community. >> thank you. senator grassley. >> my understanding of the bill, so far, is that undocumented immigrants will get every opportunity to apply for legalization and will have more opportunities if the bill were to pass to appeal the decisions that the homeland security officials make. would you discuss that part of the bill, please? >> the bill permits those in deportation proceedings to apply for the amnesty. people who have already been deported, at least those deported over the last year and a half certain ones to apply for the amnesty. if they are turned down initially because of some inadequate documents, they're allowed second bite at the apple. so in this, you know, i don't mean to be flip about it, but this section could have been sub headed knowingly left mind. the goal seems to be to get as many -- get amnesty for as many people as physically possibly. >> okay, mr. kobach, i'm going quote a
people want to know how do they pay their taxes, how do they join the military? how do they start a business. they want to be fully functioning member of the community. >> thank you. senator grassley. >> my understanding of the bill, so far, is that undocumented immigrants will get every opportunity to apply for legalization and will have more opportunities if the bill were to pass to appeal the decisions that the homeland security officials make. would you discuss that part of the...
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Apr 21, 2013
04/13
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we think we win with lower taxes, less government. we think we win. [laughter] let me just say -- right now a little straight talk. right now we're not competitive because this issue has to be resolved in the minds of our citizens who feel this is a vital, important issue that needs to be resolved. >> in 1955 when i was born how many workers were there for every person retiring in this country? 16. how many are there today? three. how many in 20 years? two. where do the workers come from? 10,000 baby boomers are retiring a day. one day it will be john. john's mother is 101. everyone is living like john's mother. that is the good news. if we don't reform medicaid and medicare we're going to be greece. if you don't have a legal immigration system to supplement a declining population you're committing economic suicide. here's the key to bring people from all over the world not just the people who live next door. bring them in on your terms not theirs. to those who say we don't need legal immigration you're crazy. look at what is going on in america. we'r
we think we win with lower taxes, less government. we think we win. [laughter] let me just say -- right now a little straight talk. right now we're not competitive because this issue has to be resolved in the minds of our citizens who feel this is a vital, important issue that needs to be resolved. >> in 1955 when i was born how many workers were there for every person retiring in this country? 16. how many are there today? three. how many in 20 years? two. where do the workers come from?...
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Apr 22, 2013
04/13
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increase it is deficit reduction without a tax increase. i think it is the kind of deficit reduction that we can get bipartisan support for in the country. what about public education? public schools don't teach children how to read english marry well and don't teach american history. it is being worked on a state- by-state, but that is the problem for kids who are born here as well as everybody else in terms of the quy of ucey getting. bill clinton worked with the republican congress to reform aid to families with dependent children. none of those are arguments for getting in the way of immigration before. then there's the question of entitlement. the entitlement system is out of whack and needs to be reformed. let's reform public education and the welfare system, but let's move forward now on immigration reform as well. thank you. >> thank you very much. you talked aboutany .mmigrants who are not legal they have no legal recourse when something happens, if they are $20 and youpay you have no legal recourse. my wife is a registered nurse.
increase it is deficit reduction without a tax increase. i think it is the kind of deficit reduction that we can get bipartisan support for in the country. what about public education? public schools don't teach children how to read english marry well and don't teach american history. it is being worked on a state- by-state, but that is the problem for kids who are born here as well as everybody else in terms of the quy of ucey getting. bill clinton worked with the republican congress to reform...
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Apr 18, 2013
04/13
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cutting spending in the tax code. then i think it also keeps promises to people, it to those that were part of their whole life and want nothing more than a secure retirement. and our veterans to whom we have made promises as the have donned the uniform and fought for the country. host: what about the issue of gut: i start with the very basic notion that social security has not contributed one penny to the current deficit or it should not be on the table in similarly, to be concerned about thloerm solvency of so-so -- social security. retirement security is a real question mark for many american let's look at the real contributors to our deficit and debt as we try to tackle those challenges. and host: two final questions before we go to calls. this is another article from the hill. why were you left off the list of the 12 senators that went to dinner? guest: i have no idea, but i have been very pleased with the president's increase -- increase out reach to the senate and a house. that dialogue is essential to making p
cutting spending in the tax code. then i think it also keeps promises to people, it to those that were part of their whole life and want nothing more than a secure retirement. and our veterans to whom we have made promises as the have donned the uniform and fought for the country. host: what about the issue of gut: i start with the very basic notion that social security has not contributed one penny to the current deficit or it should not be on the table in similarly, to be concerned about...
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Apr 24, 2013
04/13
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this is not a new tax. it is in the a different tax. it is in the a tax we're applying to anybody. it is a mechanism for the collection of a tax that has been owed for over 20 years by people buying retail purchases in your states from people who sell out of state. i commend the leadership on the legislation. i hope everybody will bring their amendments to the floor. i don't know if there is any need for them. i hope we can send a clear message that we're prepared to let our local and state governments collect the tax that is owed to them and has been owed to them. my state of georgia's governor led a major tax reform package in my state that passed with only one dissenting vote. it reformed taxes on utilities for manufacturing to attract business to our state. it reformed our income tax code. it reformed a lot of our taxes but it also passed legislation consistent with the marketplace fairness act, so we can finally collect a tax that has been owed for a long, long time in our state. as a real estate guy, as someone who used to lease retail space in shopping centers and on corners
this is not a new tax. it is in the a different tax. it is in the a tax we're applying to anybody. it is a mechanism for the collection of a tax that has been owed for over 20 years by people buying retail purchases in your states from people who sell out of state. i commend the leadership on the legislation. i hope everybody will bring their amendments to the floor. i don't know if there is any need for them. i hope we can send a clear message that we're prepared to let our local and state...
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Apr 23, 2013
04/13
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they almost all pay in more taxes and take out over a lifetime. that seems like a pretty -- i think that is a matter we ought to consider. we think about the total flow into was admitted to america. >> the amount of these is up to 180,000, three times the current. some say their is a need for these workers, especially in the s.t.e.m. field. you testified unemployment does not assert that. significantly honing american workers. i here college graduates are having a hard time, even engineering students are not able to be employed frequently in america. what is the status there? how would you explain your testimony? >> i'm happy to. well, mr. smith gave some data. he said just over 3 percent unemployment. is date is right. a problem is, the interpretation is wrong. we would expect when we are at full employment in these up -- occupations, about a one and a half% rate. about twice where we should be at full employment, so he is misinterpreting the data. i don't think that raising the cap to 180,000 is warranted in any way, shape or form it is business
they almost all pay in more taxes and take out over a lifetime. that seems like a pretty -- i think that is a matter we ought to consider. we think about the total flow into was admitted to america. >> the amount of these is up to 180,000, three times the current. some say their is a need for these workers, especially in the s.t.e.m. field. you testified unemployment does not assert that. significantly honing american workers. i here college graduates are having a hard time, even...
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Apr 24, 2013
04/13
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they could now been on ice and suffers tax. we branch or resources to the problems and i've been really pleased that their attitude towards working with us and our attitude towards working with them. >> with regard to community banks that are not subject to the cfpb examination authority, what measures have you taken to ensure that sure roles are clearly interpreted? are there potential regulators doing their exams? does the cfpb continue the small entity compliance guides as has been done twice already? on the other mortgage rules. >> thank you, mr. chairman. i've got about three different answers to that question. on the small entity compliance guides, this is something we take seriously and we been told this over and over by small institutions in the trade associations that represent them like a cba and that means taking their rules, initially mentioned 2500 pages of rules issued in january. that's 2500 pages of taxpayers a lot of that is preamble, cost-benefit analysis. what a translator for several hundred pages of rules a
they could now been on ice and suffers tax. we branch or resources to the problems and i've been really pleased that their attitude towards working with us and our attitude towards working with them. >> with regard to community banks that are not subject to the cfpb examination authority, what measures have you taken to ensure that sure roles are clearly interpreted? are there potential regulators doing their exams? does the cfpb continue the small entity compliance guides as has been...
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dollars or what's taxed that's the simplest way of. no income tax. if you're paid in case. you're paid. the bridge. now that's it just an exchange a commodity for the use of my time and my skills. evelyn durant's child and he is sitting there overlooking all of his sheep hanging out in front of fema camps and the i.r.s. and fellow reserve the builder burks and see if. we are the nanny state now where we are being watched almost everywhere we go by security cameras and satellites and drones flying over us we've got our military now to extend democracy out there to the rest of the world and as long as we're sleeping we're just watching t.v. everything's going to be just fine there was a while they lose one of us and they don't really like to lose us but it's all collateral damage. now. the people here believe very strongly in peace we're pacifists we are anti war. we believe at the same time though that very strong defense and being able to protect your life your liberty and your property is also very important so as we walk through you may see guns scattered across the field
dollars or what's taxed that's the simplest way of. no income tax. if you're paid in case. you're paid. the bridge. now that's it just an exchange a commodity for the use of my time and my skills. evelyn durant's child and he is sitting there overlooking all of his sheep hanging out in front of fema camps and the i.r.s. and fellow reserve the builder burks and see if. we are the nanny state now where we are being watched almost everywhere we go by security cameras and satellites and drones...
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Apr 18, 2013
04/13
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united states and pay your taxes. you won't qualify for any federal benefits -- no welfare, no obamacare, no food stamps -- but you will have a chance to work and you will no longer have to hide. you are going to have to remain in that system for six years and then go back and get your permit renewed. it is not a permanent grant of a temporary status. it is a temporary grant of a temporary status. in six years you have to apply again. when you reapply, not only do you have to pay another fine and another application fee, but you're going to have to prove you've been paying taxes the last six years and you're gainfully employed in a way that means you're not going to wind up onubli assuming your permit is renewed, after ten years has gone by, if f e-verify is in have been place, if the entry et syste ice,he onlyhing that happens is you are given a clans to apply for a green card l everybody else does. not a special process. you're at the back of the line. evyone who applied before you legally goes first. the only thing
united states and pay your taxes. you won't qualify for any federal benefits -- no welfare, no obamacare, no food stamps -- but you will have a chance to work and you will no longer have to hide. you are going to have to remain in that system for six years and then go back and get your permit renewed. it is not a permanent grant of a temporary status. it is a temporary grant of a temporary status. in six years you have to apply again. when you reapply, not only do you have to pay another fine...
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Apr 19, 2013
04/13
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it used to be in 1997 that the total tax revenue raised from the corporate tax, income tax, and the consumption tax was 41 trillion yen, but in the following year, it was reduced down to 37 trillion yen. we hope it would add another five trillion yen to the retina. instead we lost four trillion yen. >> speaking in ja artyast year the ruling was able to strike an agreement, 18 provisionse included. have d.c. first of all to pick up the economy, otherwise there is no way the consumption tax would take place. whether to do it will be decided by october. if we end up having picked up an economy by then, we can raise the tax, but if it does not look that well then, the timing of the raising of the tax will be deferred to a later date. i am sure in this kind of response we have been seriously considering the implications of the tax increase trade you asked me if i could make a decision right now to say definitely that taxation will be raised, stage we cannot say that definitely. we have to allow more time to make sure that the economy will really get better. then the judgment will be made definitely.
it used to be in 1997 that the total tax revenue raised from the corporate tax, income tax, and the consumption tax was 41 trillion yen, but in the following year, it was reduced down to 37 trillion yen. we hope it would add another five trillion yen to the retina. instead we lost four trillion yen. >> speaking in ja artyast year the ruling was able to strike an agreement, 18 provisionse included. have d.c. first of all to pick up the economy, otherwise there is no way the consumption tax...
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Apr 23, 2013
04/13
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tax-free shopping on the internet will be the focus of debate. states can only require stores to collect sales tax if the store has a physical presence in that state. the senate voted to take up the bill, which could pass as early as this week. the senate coverage on c-span2. homeland security secretary janet napolitano will be the sole witness. she was scheduled to appear last week. live coverage of the hearing in just under an hour on c-span radio and on c-span. those are some of the latest headlines on c-span radio. [video clip] >> the museum is meant to help a visitor relive the first eight years of the 21st century. the museum explains the decision-making process that i went through as president. and we hope the museum inspires people to serve, to serve their community or their country in some way. we really did not want to be a school. we wanted to be a do tank. i don't know if there is a lesson there. i do know that laura and i decided to go in a different direction with the -- apart from the museum with a component from which programs wou
tax-free shopping on the internet will be the focus of debate. states can only require stores to collect sales tax if the store has a physical presence in that state. the senate voted to take up the bill, which could pass as early as this week. the senate coverage on c-span2. homeland security secretary janet napolitano will be the sole witness. she was scheduled to appear last week. live coverage of the hearing in just under an hour on c-span radio and on c-span. those are some of the latest...
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Apr 23, 2013
04/13
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has paid all taxes and is paying all taxes. if the language has to be claarified, that's what the committee process is for. >> ok. great. thank you very much. there's more we could ask but i see my time's expiringed. i thank you. thank you, mr. chairman. >> thank you very much. senator franken is not here. >> thank you, chairman leahy. just wanted to at the outset thank you very much, secretary napolitano, d.h.s. has a complicated, difficult, broad-ranging mission and that's just one department. it's responsible for a vast array of important goals at the same time and i'm grateful for your doing your very best and for everyone in the department doing your very best, particularly at this time when we opened this hearing with reflections on the tragedies in boston and in west texas. we're reminded of how grateful we are for everyone in law enforcement and public safety who helps protect us. i'm from the midatlantic region with many ports and with the significant allocation of additional resources under this bill to the southwest
has paid all taxes and is paying all taxes. if the language has to be claarified, that's what the committee process is for. >> ok. great. thank you very much. there's more we could ask but i see my time's expiringed. i thank you. thank you, mr. chairman. >> thank you very much. senator franken is not here. >> thank you, chairman leahy. just wanted to at the outset thank you very much, secretary napolitano, d.h.s. has a complicated, difficult, broad-ranging mission and that's...
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Apr 23, 2013
04/13
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when amazon.com began to collect sales tax. there was not a rush of customers from amazon to the main street. reason? >> they do not buy online to avoid sales tax, they buy online for lower prices, choices and convenience. the internet is here to stay. and businesses turn to the internet to reach customers. those are the ones that will run head long into the border less world that david talks about. now it's without borders for the tax department. >> address the constitutional portions that it brings up? >> the supreme court said in 1992, a time we were talking about catalogs. that that time, state laws were too complex for everyone. guess what? we are in a different day and age, everyone knows electronic commerce, the internet is here to take. it's robust and what you have now is because congress has not acted you are giving a subsidy to online retailer that is not needed. what we need to do is treat everyone the same. if you have customers in a state with a sales tax, you should collect and remit. >> steve, you got the first
when amazon.com began to collect sales tax. there was not a rush of customers from amazon to the main street. reason? >> they do not buy online to avoid sales tax, they buy online for lower prices, choices and convenience. the internet is here to stay. and businesses turn to the internet to reach customers. those are the ones that will run head long into the border less world that david talks about. now it's without borders for the tax department. >> address the constitutional...
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Apr 19, 2013
04/13
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an extension of e payroll tax cut, $80 peramils. recent history shows that grant of l status for the increase is the influx of illegal immigrants. that for their forces out low- skilled laborers and thereby depressing the wage and employment levels of those americans. thatdition to that necessarily leads to more americans depending on the need for government. it is respected that the agent that before federal government grant's federal's average -- federal status -- the evidence before the commission is that grant of sub status is not without a substantial cost to the american worker. thank you. >> a full statement will be made part of the record. he was formerly the director of the congressional budget office under george w. bush in 2003 to 2005. that is when we first met. >> that is correct. >> it is good to have you here. >> thank you. it is a privilege to be here today. i have itd written recordfor th. let me briefly make three points and then i look for to answering your question. the first point is simply that the immigration
an extension of e payroll tax cut, $80 peramils. recent history shows that grant of l status for the increase is the influx of illegal immigrants. that for their forces out low- skilled laborers and thereby depressing the wage and employment levels of those americans. thatdition to that necessarily leads to more americans depending on the need for government. it is respected that the agent that before federal government grant's federal's average -- federal status -- the evidence before the...
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dollars or what's taxed that's the simplest way to. no income tax if you're paid in case. you're paid. most of the bread. now that's just an exchange a commodity for the use of my time and my skills. serval under rothschild and he is sitting there overlooking all of his sheep hanging out in front of fema camps and the i.r.s. and fellow reserve the builder birds and see if. we are the nanny state now where we are being watched almost everywhere we go by security cameras and satellites and drones flying over us we've got our military now to extend democracy out there to the rest of the world and as long as we're sleeping we're just watching t.v. everything's going to be just fine there was a while they lose one of us and they don't really like to lose us but it's all collateral damage. now and. the people here believe very strongly in peace we're pacifists we are anti war. we believe at the same time though that very strong defense and being able to protect your life your liberty and your property is also very important so as we walk through you may see this scattered across
dollars or what's taxed that's the simplest way to. no income tax if you're paid in case. you're paid. most of the bread. now that's just an exchange a commodity for the use of my time and my skills. serval under rothschild and he is sitting there overlooking all of his sheep hanging out in front of fema camps and the i.r.s. and fellow reserve the builder birds and see if. we are the nanny state now where we are being watched almost everywhere we go by security cameras and satellites and drones...
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next week on capitol hill also called a robin hood tax the act would create a sales tax on wall street which would provide hundreds of billions of dollars in new revenue for a nation every year prior to the bill's redirection on capitol hill more than one hundred forty organizations will take part in a robin hood tax campaign rally and march this saturday in our nation's capital joining me now to talk more about that rally and financial transaction tax is gene ross an acute care nurse and co president of national nurses united jean great to have you back with us thank you for being here glad to be here so tell us about the inclusive prosperity act what is this well it's a very very small financial transaction tax on buying and selling. the constant churning those taxes that are on those trades that are done over the computer on wall street and it's meant to bring in up to three hundred fifty billion dollars per year and yet out of money so how he says are very very small tax how small is that point five percent point half of one percent and yes we've had a similar attacks over the year
next week on capitol hill also called a robin hood tax the act would create a sales tax on wall street which would provide hundreds of billions of dollars in new revenue for a nation every year prior to the bill's redirection on capitol hill more than one hundred forty organizations will take part in a robin hood tax campaign rally and march this saturday in our nation's capital joining me now to talk more about that rally and financial transaction tax is gene ross an acute care nurse and co...
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and often only kevin i went to will be with them all from that taxes it's maison i don't want is some fraud to weaken the united states before then it's breaking this is that. i reckon cardiologist dr omar our claims that the war in iraq destroyed iraq's environment even worse than dropping the bomb on hiroshima did dr ocoee see puts to data that the number of press cancer cases has grown in the country from fifteen to thirty times cases of congenital heart disease have become fifteen times more frequent case of leukemia have increased thirty fold the doctor puts the blame on the weapons used in the one thousand nine hundred one and two thousand and three invasions of iraq and which nato forces used white phosphorus depleted uranium rounds and other toxic gases and poison of substances human rights watch and the world health organization have measured radiation levels in iraq and consider many places in iraq even some very far from the fighting to be contaminated naturally radiation is not racist and foreign soldiers in iraq are not immune usa today even published research results tha
and often only kevin i went to will be with them all from that taxes it's maison i don't want is some fraud to weaken the united states before then it's breaking this is that. i reckon cardiologist dr omar our claims that the war in iraq destroyed iraq's environment even worse than dropping the bomb on hiroshima did dr ocoee see puts to data that the number of press cancer cases has grown in the country from fifteen to thirty times cases of congenital heart disease have become fifteen times...
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the tax code during that time so you have told you no it's called progressive tax code no no no what reagan did is he minimize the. number of income levels so as we see turning from say seven down to five or so i was and still you only have a very telling mostly what he did as he took that he took that well actually was l.b.j. took the ninety four percent ninety one percent out of seventy four percent to close so many loopholes the billionaires actually paid more in taxes as kennedy promised in one thousand nine hundred eighty he's going to raise taxes on the rich although everybody on the right argues that he did so and here's the question if you blame reaganomics for that then the question then becomes what if there are two problems with that argument one is the fact that historically we've seen roughly eighteen percent of g.d.p. coming into the federal coffers we've done well it's varied between if you're talking about was i want to fight within the twentieth century has been within a year to twenty mins from softly so the key is right raising g.d.p. vs instead of focusing on tax
the tax code during that time so you have told you no it's called progressive tax code no no no what reagan did is he minimize the. number of income levels so as we see turning from say seven down to five or so i was and still you only have a very telling mostly what he did as he took that he took that well actually was l.b.j. took the ninety four percent ninety one percent out of seventy four percent to close so many loopholes the billionaires actually paid more in taxes as kennedy promised in...
SFGTV2: San Francisco Government Television
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Apr 20, 2013
04/13
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that if they are here, we have to think through with them as we did with our change in our payroll tax eliminating that to a gross receipts tax but doing it in a way that every industry of our city, is entitiled diswietd to come in and tell us how do they make mundo they make sure in this transition we do it by not hurting any of the industries healthcare, commercial real estate and financial and we solve a lot of problems through that collaboration and so i think by having good pollcies and tight communications with our business community and supporting them when they do create jobs with good idea for them and exciting the employ
that if they are here, we have to think through with them as we did with our change in our payroll tax eliminating that to a gross receipts tax but doing it in a way that every industry of our city, is entitiled diswietd to come in and tell us how do they make mundo they make sure in this transition we do it by not hurting any of the industries healthcare, commercial real estate and financial and we solve a lot of problems through that collaboration and so i think by having good pollcies and...
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next week on capitol hill also called a robin hood tax the act would create a sales tax on wall street which would provide hundreds of billions of dollars in new revenue for a nation every year prior to the bill's redirection on capitol hill more than one hundred forty organizations will take part in a robin hood tax campaign rally and march this saturday in our nation's capital joining me now to talk more about that rally and financial transaction tax is gene ross an acute care nurse and co president of national nurses united jean great to have you back with us thank you for being here glad to be here so tell us about the inclusive prosperity act what is this well it's a very very small financial transaction tax on buying and selling. the constant churning those taxes that are on those trades that are done over the computer on wall street and it's meant to bring in up to three hundred fifty billion dollars per year well yeah a lot of money so how he says are very very small tax how small is that point five percent. point half of one percent and yes we've had a similar attacks over the
next week on capitol hill also called a robin hood tax the act would create a sales tax on wall street which would provide hundreds of billions of dollars in new revenue for a nation every year prior to the bill's redirection on capitol hill more than one hundred forty organizations will take part in a robin hood tax campaign rally and march this saturday in our nation's capital joining me now to talk more about that rally and financial transaction tax is gene ross an acute care nurse and co...
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a devastating fertilizer factory explosion and taxes up to fifteen people are dead and over one hundred sixty i would is the massive blast like like to do a nuclear bomb leveled buildings four blocks in every direction. in what's become a dog a week before the united states in boston images are released which could show the suspect behind the marathon bombings while an envelope lays with top secure one cent is sent to president obama. live from moscow this is our team. right this hour will bring you the latest developments in the u.s. state of texas was a mess of blah says through a fertilizer plant police say up to fifteen people have been killed in a g.'s a hundred and sixty injured but emergency crews fear as many as seventy may have died. during the break i think we're getting here but the explosion had the force of a minor and quake and destroyed several buildings in suing blazers spread to two nearby apartment blocks and schools the fire has since been brought under control but several firefighters and a police officer feared to date officials have shut down policy applies and eva
a devastating fertilizer factory explosion and taxes up to fifteen people are dead and over one hundred sixty i would is the massive blast like like to do a nuclear bomb leveled buildings four blocks in every direction. in what's become a dog a week before the united states in boston images are released which could show the suspect behind the marathon bombings while an envelope lays with top secure one cent is sent to president obama. live from moscow this is our team. right this hour will...
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Apr 19, 2013
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and the president who accuse someone by the name of mitt romney of not paying his taxes. by golly, they get away with it. at some point here facts are going to begin to matter to the american people. your nose? maybe, maybe, just maybe we were right. now, when the president calls on citizens who want to preserve their constitutional rights and the nra lyres, i think we're getting pretty close to the point. i think if you try much harder, mr. president, we will get there. when things get crazy they get crazier. and elvis impersonator arrested. "dobbs law" next. disappointing economic reports and earnings driving the maetet's lower. a former ceo of the dnc, john allison's eyes this to tell us what it means. the gang of eight makes its pitch for emigration reforms. the secretary of state, chris go back tells us why it is just one big, bad idea. ♪ ♪ [ male announcer ] a car that can actually see like a human, using sterecopic cameras. ♪ and even stoitself if it h to. ♪ the technology may be hard to imagine. but why you would want it... is not. the 2014 e-class. it doe
and the president who accuse someone by the name of mitt romney of not paying his taxes. by golly, they get away with it. at some point here facts are going to begin to matter to the american people. your nose? maybe, maybe, just maybe we were right. now, when the president calls on citizens who want to preserve their constitutional rights and the nra lyres, i think we're getting pretty close to the point. i think if you try much harder, mr. president, we will get there. when things get crazy...
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is it the desire to lower taxes and cut regulations? when it's an economic argument, it's just hard tore point fingers, but they want us to not point fingers. they want us to forget about that. >> that's exactly right. it was a great who done it that was going on at the same time that this horrible tragedy was being played out across texas. because it was a who done it and involved terrorism it had dynamics that we just love. i mean, it really was as is suggested, a kind of movie of the week. having said that, i think your points are very, very good one. even in the vacuum of an empty newsweek i wonder if they really would have hung the responsibility for this fertilizer disaster on corporate america, and because this is an institutionalized, they're ignoring this on an institutional basis. 1985 is the last time this plant was inspected. that's reprehensible. cenk: we passed a bill about making sure miners had better safety. over 350 people a year died in mining accidents. now we've got to down to about 11 people a year. when they tell
is it the desire to lower taxes and cut regulations? when it's an economic argument, it's just hard tore point fingers, but they want us to not point fingers. they want us to forget about that. >> that's exactly right. it was a great who done it that was going on at the same time that this horrible tragedy was being played out across texas. because it was a who done it and involved terrorism it had dynamics that we just love. i mean, it really was as is suggested, a kind of movie of the...
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the blast have been reduced to rubble we can all talk live with our teaser on one girl interviews in taxes all for us right now romano you've just attended the press so with the town's mayor what new information do you have for us. that's right the mayor of west texas spoke to was just a few minutes ago and just to confirm some of the facts of the disaster that we've seen here at the fertilizer plant in the small central texas town. just a few minutes earlier told us that if they needed sixty homes have been damaged in this explosion it's presumed those are the homes that are closest to the blast site we were in town just a few minutes earlier and saw that there were several other businesses which also sustained some damage to the windows which were blown out the mayor informed us that more than one hundred and sixty people have been transported to local hospitals for their injuries currently the situation is it is still a search and recovery situation we try to get as close to the site as we could police putting a radius of about a mile around the site which is still considered to be dang
the blast have been reduced to rubble we can all talk live with our teaser on one girl interviews in taxes all for us right now romano you've just attended the press so with the town's mayor what new information do you have for us. that's right the mayor of west texas spoke to was just a few minutes ago and just to confirm some of the facts of the disaster that we've seen here at the fertilizer plant in the small central texas town. just a few minutes earlier told us that if they needed sixty...
WHUT (Howard University Television)
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Apr 16, 2013
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benefits but i am not prepared to ask one out of four corporations to stop paying their fair share of taxes. that is a very bad political message to center of this country. decisionat does this due to the democratic party? there are those who have suggested that this splits -- it the not just anger president's base but especially the democratic party. they will be democrats. when they get to the will of the senate and the will of the house, there will be democrats going after the president on this. what does this do to his own party? >> i think it causes a real rupture. i think that a lot of democrats have made it very clear that they do not intend to go back to their district in these difficult times and tell the elderly and disabled vets that will -- and they will cut their benefits. from the political point of view, it will hurt the democratic party and the president long term. breakingcause of this news of the tragedy in boston, we're still on high alert with north korea and this budget is one of the stories. i am honored to have you on tonight. i wish under different circumstances. i w
benefits but i am not prepared to ask one out of four corporations to stop paying their fair share of taxes. that is a very bad political message to center of this country. decisionat does this due to the democratic party? there are those who have suggested that this splits -- it the not just anger president's base but especially the democratic party. they will be democrats. when they get to the will of the senate and the will of the house, there will be democrats going after the president on...